Assistant Financial Controller at Belmond Mount Nelson Hotel

Description
So much happens behind the scenes to make the magic happen! Often invisible to guests, the back of house team keeps things running smoothly, whether you’re working in HR, Finance or Reservations, you’ll be supporting and contributing to something special. Mount Nelson Hotel is looking for a Assistant Financial Controller, responsible for keeping the accounting and financial processes of the company up to standard and ensuring accurate financial reporting and control.

• Assist the Financial Controller in preparation of the balance sheet and the profit & loss statements for the hotel as well as preparation of the group’s annual financial statements within the required deadlines per GAAP/IFRS.
• To ensure the adherence of external and internal standard accounting procedures in all the accounting operations.
• Assist with month end entries (in conjunction with the Financial Controller).
• Periodic Debtor’s Ledger scrutiny to ensure smooth monthly closing of accounts.
• Ensure the debtors aging is at desirable levels at all times.
• Reviewing of entries processed to accounts on a detailed level.
• Review of daily management report and supervise on controls where necessary.
• Monitoring of staff time sheets and submission thereof to Human Resources on a daily and monthly basis.
• Hold monthly meetings and review status of paymasters with other departments to ensure aging of debt stays low.
• Manage the fixed asset register including monthly depreciation entries as well as processing all additions and disposals on a monthly basis.
• Assist with monthly results explanations as well as providing of information.
• Assisting with external and internal audit requirements.
• Assist the Financial Controller in ensuring all financial activities, maintenance of accounts, compliance with statutory requirements & the management of cash flow.
• Assist the Financial Controller in budgetary control to ensure desired financial performance with emphasis on profit maximization through revenue enhancement and strict expenditure controls.
• Compile detailed balance sheet reconciliations.
• Preparation of the monthly VAT201 form as well as the monitoring of the VAT payable balance.
• Maintain records, registers and documents in order to facilitate internal and external audit.
• Liaise with banks, financial institutions and other government authorities on various financial matters as well as liaising with offsite ERP service providers on system maintenance.
• Importation of payroll detail into ERP system as well as monitoring that all payroll related balance sheet accounts clear out.
• Managing of deferred expenses as well as provisions and accruals.
• Stay informed with regards to the latest amendments in commercial laws, tax structures, accounts reporting and other developments in the financial world.
• Note that the tasks above are for reference only and do not constitute the sole duties of this role.

Requirements

• A minimum a 4 years’ experience working as an assistant to the financial controller or in a similar role.
• A degree or diploma in accounting from a recognised tertiary educational institution.
• Experience in managing a team.
• Hospitality experience advantageous, preferably in a 5-star environment.
• Practical knowledge of general hotel operations and a good knowledge base of accounting.
• VAT knowledge advantageous.
• Income tax knowledge advantageous.

Benefits

• Competitive basic salary
• Medical aid & pension fund benefit
• Internal Belmond discounts
• Loyalty and recognition rewards programme
• Employee Assistance Programme
• On going Learning and Development opportunities
• Regular community, social and staff welfare events